Basis for cost depletion
United States Code
Citation analytics
How this statute sits in the citation network, derived from CiteLaw's graph of published opinions.
Cited
7
Citing decisions
6+
Courts citing
Citations by decade
2
1
1
1
1
1
1930s1950s1960s1970s1980s1990s
Courts citing this statute
Most recently cited by7
- 1994Weyerhaeuser Co. v. United States Fed. Cl.
- 1984Commissioner v. Engle U.S.
- 1977Beal Foundation v. United States 5th Cir.
- 1966Beaver Dam Coal Co. v. United States 6th Cir.
- 1956Davis v. Commissioner Tax Ct.
- 1939Kehoe v. Commissioner of Internal Revenue 3d Cir.
- 1937Snell Isle, Inc. v. Commissioner of Internal Revenue 5th Cir.
Counts reflect decisions in the CiteLaw corpus and may lag very recent opinions.
Text
Except as otherwise provided in this subchapter, the basis on which depletion is to be allowed in respect of any property shall be the adjusted basis provided in section 1011 for the purpose of determining the gain upon the sale or other disposition of such property. (Source: (Aug. 16, 1954, ch. 736, 68A Stat. 208.))